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Progress Continues toward Channel Widening and Deepening

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The Port Commission of the Port of Houston Authority considered Houston Ship Channel matters at a special meeting Wednesday, Feb. 12. Executive Director Roger Guenther provided the commission with an update on progress towards federal authorization of Project 11, the planned widening and deepening of the Houston Ship Channel. The commission was also briefed on a private industry proposal to fund their promised portion of the project.

Guenther shared that the U.S. Army Corps of Engineers completed its Feasibility Study for the project in December, ensuring that Project 11 was moving forward well within the timeframe for consideration for the next step “ issuance of Army Corps Chiefs Report.

Another highlight of Guenthers report was news that the Army Corps FY 2020 Work Plan has allocated $1.13 million to work with Port Houston on the next steps for Project 11, as well $70 million towards the channel maintenance needed this year to prepare the channel in advance of the widening and deepening construction project.

The commission listened, asked questions, and also received comments from the public on industrys proposal to fund half of the $1 billion cost of Project 11; Port Houston has committed to fund the other half. Port Commission Chairman Ric Campo requested that the Coalition for a Fair and Open Port consider the feedback provided and invited the organization to return with refined options.

In other business, Chairman Campo directed staff to seek construction access rights to the Port Authoritys Beltway 8 property, to support site preparation related to Project 11.

About Houston Ship Channel “ Project 11

Port Houstons No. 1 priority remains to facilitate the federal authorization to expand the Houston ship channel. It is the busiest waterway in the nation. As a public agency, the Port of Houston Authority is obligated to pay 35 percent of the project and has its funding in place to cover half of the $1 billion project. These funds are in addition to a record of more than $28 million already invested in this effort. https://www.expandthehoustonshipchannel.com/

About Port Houston

For more than 100 years, Port Houston has owned and operated the public wharves and terminals of the greater Port of Houston “ the nations largest port for foreign waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the nation. The Port of Houston supports the creation of 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas “ 20.6 percent of the states total gross domestic product “ and more than $801.9 billion in economic impact across the nation. For more information, visit the website at PortHouston.com.

Lisa Ashley, Director, Media Relations

Office: 713-670-2644; Mobile: 832-247-8179; E-mail: [email protected]

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Sunlight Real Estate Investment Trust Issued HK$300 Million Five-year Medium Term Notes

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HONG KONG SAR – Media OutReach – 26 November 2020 – Henderson Sunlight Asset Management Limited (the “Manager“) is pleased to announce that Sunlight Real Estate Investment Trust (“Sunlight REIT“) has completed its first HK$300 million five-year medium term notes (the “Notes“) today.  This successful inaugural Hong Kong dollar fixed-rate issuance marks a major milestone of Sunlight REIT, testifying to its credit quality amidst a challenging economic environment.

As part of the US$1,000,000,000 guaranteed medium term note programme which was reactivated in April this year, the Notes carry a tenor of five years and a coupon rate of 2.00%. CMB Wing Lung Bank Limited (“CMB Wing Lung“) and CMB International Capital Limited (“CMBI“) are the joint placing agents of the Notes.

Mr. Wu Shiu Kee, Keith, Chief Executive Officer of the Manager, said, “We are delighted to have partnered with CMB Wing Lung and CMBI in launching this maiden medium term note issue of Sunlight REIT, with the competitive pricing of the Notes clearly demonstrating its strong capital market recognition. Similar to the Japanese yen 7,000 million sustainability-linked loan completed last month, this financing exercise once again illustrates the Manager’s commitment to diversifying Sunlight REIT’s sources of funding, while strengthening its exposure to fixed rate borrowing.”

Mr. Wilson He, Assistant General Manager of CMB Wing Lung, said, “We are truly grateful to have such opportunity to support Sunlight REIT’s issuance of the Notes and it is a move to further underpin our collaboration in the future.”

About Sunlight REIT

Sunlight REIT (Stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission and constituted by the trust deed dated 26 May 2006 (as amended and supplemented by six supplemental deeds) (the “Trust Deed“), and has been listed on The Stock Exchange of Hong Kong Limited on 21 December 2006. Sunlight REIT offers investors the opportunity to invest in a diversified portfolio of 11 office and five retail properties in Hong Kong with a total gross rentable area of over 1.2 million sq. ft.. The office properties are primarily located in core business areas, including Wan Chai and Sheung Wan, as well as in decentralized business areas such as Mong Kok and North Point. The key retail properties are situated in regional transportation hubs and new towns including Sheung Shui, Tseung Kwan O and Yuen Long.

About the Manager

The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited (恒基兆業地產有限公司). Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.


Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction.


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7-Eleven teams up with 8 popular Sanrio characters to launch a Mini Pouch Collectible Programme “Little Baubles of Joy”

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HONG KONG SAR – Media OutReach – 26 November 2020 – The countdown to Christmas has well and truly begun! So, let’s get into the festive spirit and spread some seasonal cheer! 7-Eleven in collaboration with Sanrio is launching a series of Sanrio characters Mini Pouches. You can hang the cute yet functional pouches from your handbag or backpack and always have your favourite colourful Sanrio characters by your side. Take them with you on-the-go and add a pop of colour to each and every day. 7-Eleven will be launching this series of collectibles on 25th November from 7 am, just in time for the holidays so you can enjoy the festivities with the cute Sanrio character of your choice.

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The Sanrio characters Mini Pouch — Cute and practical!

The series comprises of eight Mini Pouches each featuring a different beloved Sanrio character including Hello Kitty, My Melody, Pompompurin (Pudding Dog), Kerokerokeroppi, Ahiru no Pekkle (AP Duck), Little Twin Stars, Bad Badtz-Maru (XO) and Cinnamoroll. Made from high-grade silicone, each pouch is specially coated so are soft and smooth to the touch but also easy to wipe clean and dust resistant.

 

See your favourite Sanrio characters come to life! Coming in a spectrum of dreamy candy colours, the 3D pouch design depicts every detail of each character’s charming expression and appearance. The dazzling array of designs and pastel hues means you’ll never have any problem accessorising the pouch with your handbag collection! And there’ll always be a design to match any mood or outfit. So, even if you’re not a Sanrio fan, these pouches are too simply good to miss!

 

The 3D design portable Mini Pouch is 12cm (H) x 8.5cm (W) (sizes slightly vary depending on design). It includes a zipper on the back so you can conveniently store all kinds of little essentials such as keys, credit cards, earphones, coins and small accessories, and more inside on days out. You can even turn the pouch into a handy hygiene kit by putting hand sanitiser or wet wipes inside when going out or exercising, so the gang of Sanrio characters can help you stay safe and healthy as we all fight the pandemic together. The lightweight pouch is designed with a convenient strap that detaches with a handy snap button. So, wear it round your wrist or, attach it to your handbag, or just pop inside your bag as is. It’s totally up to you!

 

What’s more, you can even transform the pouches into sparkling ornaments to decorate your home and bring a little joy — simply insert LED lights into the lighter-coloured Mini Pouches and hang them up on your Christmas tree to brighten up your holiday season. A definite must-have Christmas item this year!

Sanrio Characters Mini Pouch Collectible Programme Details:

From 25 November 2020 (7 am) to 5 January 2021 (6 weeks in total), customers can receive one stamp upon a HK$20# purchase at 7-Eleven*, and one more stamp for every additional HK$10 purchase.  From 25 November 2020 (7 am) to 8 January 2021, you can redeem 2 Mini Pouches with 8 stamps plus $65 or 1 Mini Pouch with 5 stamps plus $38. Redemption items are redeemed randomly; customers may not select design.


We have an exclusive offer for yuu Rewards Club Members!

Members can redeem 1 Mini Pouch with 7,000 yuu points plus $1 randomly.

Promotion Period: 25 November 2020 (7 am) to 5 January 2021 (6 weeks in total)

Redemption Period: 25 November 2020 (7 am) to 8 January 2021

 

#Excluding the purchase of cigarettes, milk powder (except specific products from the promotion), online game, stamp redemption items, mobile prepaid sim/mobile sim cards/value-added coupons, Octopus cards/products, Macau Pass cards/products, gift cards, prepaid cards, various tickets/tickets/stamps, plastic shopping bag charges. Also excluding payment for the following services including but not limited to: Octopus last 10 transactions printout, prepayment, Pin-On-Receipt, bill payment, donation, top up (including but not limited to Octopus, Alipay, WeChat, Tap & Go, TNG, Macau Pass, MPay and other e-wallets), fax & photocopying, battery charging and battery rental, parcel pick-up and parcel return, photo processing, locker services, Inspiration Lake activities, parking fee payment, self-service laundry.  Unposted/cancelled/refund transactions, split transactions, unauthorised or fraudulent transactions are also excluded. 

* Transactions at Inspiration Lake Recreation Centre and Team Disney, Hong Kong Disney Resort stores and Food Kiosk are excluded.  

 

For more details, please refer to promotional materials in store.

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Lead8 Design for Newly Unveiled ‘11 SKIES’ in Hong Kong

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Hong Kong’s $20 Billion Mixed-use Destination at SKYCITY

 

HONG KONG SAR – Media OutReach – 25 November 2020 – Lead8, the international award-winning design firm, is excited to announce the firm’s appointment as Lead Consultant on ’11 SKIES’ has been extended to include Interior Design alongside its Masterplanning and Architecture scope.

11 SKIES, the brand new HK$20 billion mixed-use destination at SKYCITY, will be Hong Kong’s largest hub for Retail, Dining and Entertainment (RDE), and the first such development to combine wealth management and wellness services. The latest designs and name were unveiled this week by New World Development.

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“Lead8’s multi-disciplinary undertaking as Masterplanners, Architects and Interior Designers on 11 SKIES has been an incredible achievement. This is a ground-breaking development which continues to attract international interest. It is a testament to the commitment, creativity and expertise of our team that we have been entrusted to design and deliver the city’s most comprehensive and enhanced RDE destination to date,” said Claude Touikan, Co Founder & Executive Director at Lead8.  

Operated by K11, 11 SKIES is a brand new landmark in Hong Kong for locals and tourists covering a gross floor area of 3.8 million sqft. The destination will feature 2.66 million sqft dedicated to dining and retail outlets and 570,000 sqft for experiential entertainment facilities. There will be over 800 shops including more than 120 dining concepts together with entertainment never seen before in the region, all under one roof.

Notably, the destination has attracted the first launch in Greater China for famous entertainment brand KidZania. Further unique and imaginative entertainment facilities will also be on offer including SkyTrack, the world’s largest indoor and outdoor karting track, a flying theatre, digital media performances and immersive educational experiences. Once complete, 11 SKIES will be the largest indoor entertainment centre in Hong Kong.

As part of the mixed-use development, 11 SKIES also integrates three grade A office towers covering 570,000 sqft which will be operated under K11 ATELIER. They will feature anchor tenancies from five large-scale international institutions in financial services, insurance and health management. As the first to combine wealth management and wellness services within an RDE destination, 11 SKIES aims to provide unique connectivity and redefine the traveller and consumer experience.

Strategically located next to the Hong Kong International Airport, the Hong Kong Zhuhai-Macao Bridge, and the future Tuen Mun-Chek Lap Kok Link, 11 SKIES will benefit from the high volume of passengers travelling through Hong Kong International Airport, and a further 72 million people residing in the GBA. The destination will become a centerpiece within the GBA’s ‘one-hour living circle’ and a gateway to the rest of the world.

Opening in phases from 2022 to 2025, 11 SKIES is set to deliver a first-of-its-kind ecosystem offering brand new experiences for retail, entertainment, dining, wellness and business in Hong Kong and the Greater Bay region. 


Project Details

  • Location: Hong Kong
  • Developer: New World Development Company Limited
  • Size: 3.8 million sqft
  • Masterplan: Lead8
  • Architecture: Lead8
  • Interior Design: Lead8


Image Gallery
All images ©Lead8 Hong Kong Limited

About Lead8

Lead8 is an international design studio with award-winning expertise in architecture, interior design, masterplanning, branding and graphic design. With a team of over 250, the firm works on projects in more than 40 cities around the world from studios in Hong Kong, Singapore, Kuala Lumpur and London. Since its inception, Lead8 has partnered with some of the world’s leading property developers, owners and operators with a portfolio which includes 11 SKIES at Hong Kong International Airport, MixC Shenzhen Bay, One Bangkok and the Shangri-La Mixed-use Development in Fuzhou. 

www.lead8.com

About 11 SKIES

11 SKIES will be Hong Kong’s largest hub for Retail, Dining and Entertainment (RDE), and the first to combine wealth management and wellness services in one complete ecosystem for people in Hong Kong, the Greater Bay Area and the rest of the world. The destination is owned and developed by New World Development Company Limited and operated by K11 Group.


www.11-skies.com

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